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Given that the spot rate is 106.74/$ and the 180-day forward quote is 100.37/$, we can say that Group of answer choices the U.S. dollar
Given that the spot rate is 106.74/$ and the 180-day forward quote is 100.37/$, we can say that Group of answer choices the U.S. dollar is at a forward premium against the Yen.
the Yen is at a forward premium against the U.S. dollar.
the U.S. dollar is at neither a premium nor a discount against the Yen.
the Yen is at a forward discount against the U.S. dollar.
none of the answers is correct.
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